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Wilbur Ross - 'There won't be a Chapter 11 here'

The genius investor and extraodinaire planner for investments, acquisitions and equity stocking has expressed his views and take on the big auto deal of Cerberus with Daimler Chrysler. In an interview with a private business weekly, Wilbur Ross clearly stated that this particular deal shall be different from the one's before as Chapter 11 dealing with bankruptcy shall not be evoked.

Witness amused jury with Spector affair

Waitress Kathy Sullivan testified Phil Spector murder trial case in a live testimony on Court TV at Los Angeles Superior Court and amused the jury with an episode in which she pictured Spector as the cartoon character Elmer Fudd.

States ask MySpace to expose sex offenders' name

After facing severe criticism from the industry for being an attractive portal for sexual predators, MySpace, the leading social networking site, is now facing pressure from top law enforcement officers from eight states to expose the names of registered sex offenders using the social networking website.

US Airlines Industry - Survival of the Fittest

Its time now for airlines to restructure their activities and procedures to move in line with primary objective of achieving customer satisfaction which is declining at an alarming rate according to t

Media, fans get first glimpse of "Halo 3" beta

Microsoft Game Studios and Bungie studios held two media events in both San Francisco and New York Friday evening to give gaming enthusiasts a first glimpse of its upcoming Xbox 360 game, Halo 3, the

CBS Radio aborts show after shock jocks’ prank

Three weeks after the suspension of Jeff Vandergrift and Dan Lay, hosts of a shock radio program called “The Dog House with JV and Elvis”, as a result of their on-air prank call to a Chinese restaurant ordering “slimp flied lice”, CBS Radio spokeswoman Karen Mateo today announced that the show broadcast has been pulled off.

Walk-and-work stations to cut down on bulging waistlines

Two U.S scientists have conceived a novel idea of losing weight while working. The new method involves a treadmill with a computer attached to it so as to ensure that people burn off extra calories while working.

FluMist appears effective for young kids- FDA

The US health agency Food and Drug Administration (FDA) says FluMist, a nasal spray influenza vaccine manufactured by MedImmune, is effective in protecting young children against this highly contagiou

May 14 Faces New U.S. Postal pricing and “Forever” stamps

The price of a first class U.S postal stamp went up from 39 cents to 41 cents per ounce, an increase of 2 cents on May 14, 2007 after an initial increase in prices in January 2006 when the first class stamp rates increased by an overall rate of 5.4%, from 37 cents to 39 cents.